Finamatrix.AI (since 2006), a risk-tech specialist in currency markets for sustainable returns, and Environmental Solutions Asia (ESA), one of Singapore’s top metal-harvesting recycler founded in 1999, team up for potential 50% margins in base and precious metal harvesting.
The collaboration will further boost returns. Members of Finamatrix already enjoy monthly net returns of 3% on average, while the value of FIX digital asset, the company’s blockchain solution designed with scientific fundamentals, continues to expand in tandem with higher utilization.
This new mission of recycling waste metals to combat climate change via circularity (circular economy) will allow members to achieve sustainable returns while being socially responsible.
Finamatrix transacts FIX on Waves blockchain and on average 10% of project values will be used to boost daily transactions. Project values per year are expected to reach $250 million.
The next 12 to 18 months offer promising opportunities for traders as growth continues. Waves Exchange is built with extreme anti-hacking security. It also offers USDN (=1US$) staking that offers approximately 10% in annual returns. The exchange has recently launched a COVID-19 prediction tool for charity to fight the crisis.
The value of FIX is based on a hybrid-network valuation model that reflects network value (the number of users) and the performance of FIX index (Finamatrix fund performance including the returns from project financing).
PROJECT FINANCING: FIX DIGITAL ASSET UTILITY
Finamatrix uses its risk-tech to reduce risks and enhance profitability. With a proprietary risk framework, modelled on Risk-Cybernetics, Finamatrix reviews projects and provides financing for specific transactions that are determined to be viable and potentially offer scalable returns.
FIX on the blockchain can be programmed to automate asset pricing. Decentralized applications (dApps) can include valuation parameters (bid/offer prices, metal type, weight, purity, etc) that determine market prices. These efficiencies result in cost-savings and targeted financing of the best projects which boost profitability.
GAME-CHANGING URGENCY TO ALLEVIATE CLIMATE CHANGE
Eliminating waste with a commitment to use only renewable materials is the circular economy, where reuse and recycling prevail over raw materials.
The Singapore government, in March 2020, has embarked on NEWoil — a process to give discarded plastic new life in the form of pyrolysis oil — a potential replacement for fossil fuel petroleum.
The amount of waste disposed of in Singapore has increased seven-fold over the last 40 years. At this rate, Singapore’s only Semakau Landfill will run out of space by 2035. This is exacerbated by the carbon emissions from incineration which cause climate change.
CARBON FOOTPRINT REDUCTION WITH PROMISING RETURNS
Both firms will test the implementation of blockchain and artificial intelligence technologies in the base and precious metal business, where FIX is utilized as a valuation utility tool. Stringent valuation methods cut costs that translate to higher productivity, as only the most profitable green projects will be selected. Concurrently, the firms will venture the potential in converting biomass, plastics and food waste into pyrolysis oil for making new green plastics.
ABOUT ENVIRONMENTAL SOLUTIONS (ASIA)
The company harvests base/precious metals from spent resources and diverts about 20,000 metric tonnes (MT) of waste per year away from landfills; it harvests heat energy from 500MT a year of waste wood and electrical energy from the sun with 750KWp (Kilowatt peak) Solar PV (Photovoltaic) roof. The entire operation is certified as 130MT CO2eq (carbon dioxide equivalent) carbon negative. The firm since its founding in 1999 is helmed by Managing Director Mr Quek Leng Chuang. Web: Env-Solutions.com.
Founded in 2006, Finamatrix creates risk-tech for risk mitigation in the currency markets. Founder and CEO Dr Lanz Chan is the creator of Risk-Cybernetics. FIX blockchain solution represents the value that FIX-MT4 members help with climate change via investing in a cleantech portfolio. Finamatrix currently has 200,000+ followers on Facebook.
Finamatrix is tech advisor to a Singapore trust in a multi-family office for accredited investors. Dr Lanz Chan is a MAS registered appointed representative.
Finamatrix has also partnered with AM Ltd, a business advisory firm, led by Wu Na and Vaughn Yee.
For more information, please visit: Finamatrix.NET
DISCLAIMER: Finamatrix declares that the information in this release is true and takes full responsibility, exonerating external data providers of all liabilities. Owning FIX provides utility value. No promise of monetary gain is made. Past performance is no guarantee of future results.
#Sustainability #Recycling #CleanTech #CircularEconomy #CSR